School fees receipt

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2017 I received Cash and cheque as fees in school. Can i make one slip or make two slip. its possible or not
Please help
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RAJA P M

RAJA P M (Expert)

04 December 2017 Dear your query is not cleared...! If you are supplying any of to school and they ll given payment as above....??

Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2017 One Student fees 16450
He pay 16400 by cheque and 50 by cash
Now I make one fees slip 16450 OR
Make 2 slip 16400 & 50
What is proper accounting

Saurabh Anokhchand Jain

Saurabh Anokhchand Jain (Expert)

04 December 2017 It's better to prepare two receipts as you are receiving payment in two modes i.e cash and Bank

Gokul Sharma

Gokul Sharma (Expert)

04 December 2017 50 Rs is very Less amount. Don't worry

RAJA P M

RAJA P M (Expert)

04 December 2017 Yes I agreed to Mr Saurabh...

You ll be prepare two receipts as Bank and Cash...

As per law.,
We must keep the documents like receipts Rs. 25 and above & Payments Rs. 50 and above.

So, don't be leave if small or big. Create receipt for both transactions...

GOOD LUCK

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